Why the US Should Allow Outside Investment in Law Firms (disagreeing with the GC of IBM)
Disagreeing with the general counsel of IBM may be risky, but here goes. And normally I do not write about policy or legal regulation. But when it comes to creating an environment that can foster legal innovation, I do speak out. In a Business Week...
Ron Friedmann,
14 years ago
2 min read
Future Proofing Your Law Firm and Legal Technology 3.0
At the International Legal Technology Association annual conference last month in Nashville, I was a panelist for Future Proofing Your Law Firm. I share here an overview of the themes we prepared in advance (click here for the published slides (PDF). My co-panelists were Gerard...
Ron Friedmann,
14 years ago
5 min read
Bill Speros Weighs in on e-Discovery and Evidence Management Certification
Recently Law Technology News published a set of articles on e-discovery certification. I stated my views in my post Calming the E-Discovery Certification Waters – Comments on LTN Articles. Subsequently I had an interesting e-mail exchange on the topic. I share here, with his permission,...
Ron Friedmann,
14 years ago
4 min read
A Sign that US Legal Regulations May Rationalize
I have long thought that archaic US rules that govern lawyers serve as a barrier to legal innovation such as new law firm business models or the adoption of time-saving and quality-improving technology. The recent LegalZoom case, publicized elsewhere, about allegations of unauthorized practice of...
Ron Friedmann,
14 years ago
2 min read
Law Department Innovation – An Oxymoron?
Each September, Inside Counsel published its “IC 10″, the annual winners of the magazine’s top 10 innovative law departments (The 2011 IC10 winners). By my read, not much serious innovation is taking place. Only two of 10 winners caught my eye as interesting. First,...
Ron Friedmann,
14 years ago
2 min read
Alternative Fee Arrangements (AFA), Partner Compensation, and Sales Commissions
At the International Legal Technology Association (ILTA) annual conference last week, alternative fee arrangements (AFA) was a hot topic. One dinner discussion with a few forward-thinking friends got me thinking about how firms cost matters and how best to handle sales commissions. What, you ask,...
Ron Friedmann,
14 years ago
2 min read
Offshoring and Outsourcing. Report from ILTA Session
This post summarizes the Offshoring and Outsourcing session at the International Legal Technology Association annual conference. The session took place on Monday, 22 August 2011. The panelists were were Toby Brown, Vinson & Elkins, Kevin Colangelo, Pangea3, and Jordan Furlong, Edge International. [I originally posted...
Ron Friedmann,
14 years ago
5 min read
How Law Firms Can Cope with the New Client Pressure
Let’s face it, clients now exercise the buying power they’ve long held. So law firms must act. But how? A session at the upcoming ILTA Conference called Making an Impossible Engagement Possible tackles the “how question.” And panelists John Alber, Rudy DeFelice and Ayelette Robinson...
Ron Friedmann,
14 years ago
4 min read
Law Factory Illustrated? Fragomen, Del Ray
Law firms thinking about their business and operating models need to consider which practices and matters rise to the level of “bet the farm.” Clients willingly spend on such matters, tolerating generous staffing and high costs. Much legal work, however, is cost sensitive and might...
Ron Friedmann,
14 years ago
3 min read
Doctors Tackle Bad Processes, Can Lawyers?
Doctors share many traits with lawyers. Yet health care, prompted by public policy and challenging economics, has changed much more than law practice. Lawyers and law firms can learn from doctors, as a Wall Street Journal article last week illustrates. ERs Move to Speed Care;...
Ron Friedmann,
14 years ago
2 min read
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